Chile left-wing candidates could form alliance, threatening market rally

September 26, 2017

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Chile’s stock market has priced in a victory of conservative presidential candidate Sebastian Pinera, even though progressive candidates could form an alliance in a December runoff, traders and analysts said.

The IPSA stock market index has surged 27% this year and is on track for its best year since 2010, spurred by a rebound in prices of top-export copper and polls that have shown Pinera ahead in the race.

Category: General